WPP revenue and pre-tax profits up despite billings decrease of 3% during Q2
WPP has reported a revenue increase of 2.7 per cent to £5.469bn and pre-tax profits grow by 15 per cent, despite a decrease of reported billings by 3 per cent to £22.060bn, due to the strength of the pound sterling.
The world’s largest marketing services network saw its pre-tax profits rise to $491m during the second quarter of 2014 with sales in the UK up 6.5 per cent as the business saw growth accelerating within its direct, digital, interactive, public relations, public affairs and specialist communications agencies in the region.
North America recorded a 4.1 per cent net sales growth, 0.3 Read full story ›
Source: The Drum
